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the environment. secondly, you talk at one point about the european parliament being an important partner for you and all the crisis related issues. white and has the fiscal pack gotten to the point that it has? when it's already clear that has two points that are conflicting with e.u. law in material and in formal terms, and that hasn't been regulated the european level. and implementation of the pact by the commission, well, how can we go along with that if the parliament is going to be excluded from that? you will have to deal with that on the first of the first. that is to come into force, but it will be impossible to implement it so how are you going to reconcile that contradiction? thank you. [speaking in native tongue] >> translator: chancellor, let me thank you very much for coming in today. i think it's been an interesting discussion. with certain heard a lot of political rhetoric. wavered not much economic reality from some members but that we are. we're used to it in this chamber. the october revolution was something to be celebrated, but chance of, i wish you well in a meeting with my
investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would your recommendation before the conference in the senate? >> working in to white house is i believe a president does have a veto because i like the president's comments better than jay carney's comments. i think jay carney mabey was a little behind the curve on that because look, it makes no sense to ta
the environment for investment. in the dodd-frank bill, there is an amendment that make select all -- makes it law that the extractive industry, mining, oil, gas, registered on the new york stock exchange, it is law that they have to publish what they paid for those mining rights. it sounds obvious, doesn't it? the truth is that right now, the american petroleum institute's is suing the sec to try and overthrow that. that is astonishing. i know people and oil companies who are amazing people, and it is very important to energy here. in this case it is not a political issue. europe and america are going to make this outlandish opacity, and if that is not a word, i would like to suggest it to the oxford dictionary. when you publish what you pay, then the civil societies in those regions get to hold the government to account. that is one of the best things you can do to stimulate business investment. thank you. >> i am stating international development so this is close to my heart. how we develop the perspective and the mindset and incentivize people -- >> i am sorry i missed that. >> the whole quest
Search Results 0 to 2 of about 3